|Nostra Terra Oil & Gas
||EPS - Basic
||Market Cap (m)
|Oil & Gas Producers
Nostra Terra Share Discussion Threads
Showing 22401 to 22424 of 22425 messages
|When is a Short Not a Short
When it’s a Lofgran T20
Well that’s how he describes the Shame full Director dealings between Himself and Y A Global Master’s, when he needed to Borrow Money to finance his greed.
When the Stock appeared on the FCA Shorting List, Lofgran was asked to explain why his shares were being allowed to be shorted by Yorkville, His Answer, “ its not a Short it’s a T20 Trade” his explanation in an email that follows confirms this
[15:58:10] ---------- Why do they notify the FSA of a short position if they are settling T-20s?
[15:58:35] Matt Lofgran: New requirement by FSA.
[16:00:31] Matt Lofgran: The company requests a draw down, YA sells, at the end of the period the company transfers the shares to YA. YA is neutral without any shares at end of transaction. They make their fee, the company issues RNS about draw down/issue shares/funds raised.
That reminds me, I did ask Matt the other day...
14:05:57] --------- Hi Matt.
14:06:09] ---------: Did you say that the YA loan had been settled?
23:35:51] Matt Lofgran: yes
23:36:04] Matt Lofgran: months ago
07:13:24] ---------: I wondered wy we never got an rns on it?
07:34:38] Matt Lofgran: The loan isn't RNSable, the transfer of shares is. I haven't transferred them back yet. Been in closed periods.
07:39:15] ---------: When will that happen?
07:39:44] Matt Lofgran: Can't say.
So when did the FSA as described at the time of email, change the rules on disclosures for T20 Trades?
And why would they be on the FSA Website as a Short?
Why did Lofgran or Y A Global not remove them when challenged about them in 2012/2013 when Ntogs Share Price and Lofgrans Credibilty was being Questrioned.?
Was it just arrogance as usual from the one whom thought he could not be Challenged
Why, when he was challenged by certain BB posters on LSE to explain the situation did he get them and their posts removed from LSE.
because he was lying and he was in a corner, so he continued to lie and sought the Help of serial Bloggers and pump and Dumpers along with now disappeared BB Disciples to wash the BB’s of the very posts that were challenging him.
So come on FCA explain what the Rule Change was and put us all in our minion places.
And finally there is one big discrepancy here and it is
Why would the Company Request a Drawdown on a Personal transaction by Lofgran and Y A Global?|
|From February 2016 :-
Nostra Terra said the permitting process for its Paw Paw prospect in Wyoming is underway and anticipated to be complete within weeks.
It also warned that its drilling deadline could be extended beyond summer 2016.
"The prospect is located in Big Horn County, Wyoming and could hold as much as 7.3 million barrels of producible oil, per Haas Engineering (3rd-party reservoir engineer).
"Of that total, NTOG would own as much as 5.84 million net barrels in probable and potential reserves, under the terms of the agreement."|
|Fourth Quarter Of 2015.
East Ghazalat - Egypt
Net Production of 15,400 barrels of oil
Attributable Revenues of £160,000
The average realised price for Q4 was $40.59 per barrel
In October 2015 the JV acquired a 50 per cent interest in the East Ghazalat concession in Egypt ("East Ghazalat") for £1.6 million, operated by North Petroleum ("the Operator"), a wholly-owned subsidiary of China ZhenHua Oil Co, Ltd, a Chinese state-owned oil company.
The effective date of this acquisition was 1 July 2015 and accordingly NTOG has reported its production and revenues derived from East Ghazalat from that date.
Unfortunately NTOG has yet to received the back proceeds of around £800,000.|
|From the Accounts for the period ending 30 June 2016 :-
The debt of £2 million has recently been paid back.
NTOG received £1.4 million for the Chisolm Trail.
NTOG should receive monies of around £800,000 for Egypt back payments.
NTOG raised £250,000 in July 2016.
Annual admin expenses are £222,000.
Operating costs have been reduced to a few thousand pounds annually.
Therefore 2.6p Soon !|
|"Nostra Terra (AIM:NTOG) announces that yesterday, Matt Lofgran, the Chief Executive Officer of the Company, acquired 1.6 million ordinary shares of 0.1p ("Ordinary Shares") at an average price of 1.31 pence per Ordinary Share.
As a result, Mr Lofgran's holding in the Company is now 5,975,976 Ordinary Shares, representing 6.25 per cent of the issued share capital.
Mr. Lofgran is also interested in options over 1,080,000 Ordinary Shares as previously announced and as amended for the recent share consolidation."|
|I'd say, 15% interest to pay on drawn down funds!|
|IRG's RNS Was Game Changing !|
|I've Been Quietly Accumulating !|
|Great Start !|
|Having shares or adding at this level can't be bad bigger oil revenue at some point will be well rewarded.I think this is potentially what mlofgran has always said difficult times.Oil is now rebounding nicely so from here it's a hell of a bargain.|
|Hardly "tuckng into NTOG shares", he's taking them in lieu of fees as per his agreement with the company, also contained in the RNS.
Have you ever wondered what he does to earn those fees?|
|Movement on director share dealing.Ok so directors tucking into shares.We should see a boost soon as Oil price rising. Can nostra terra start rolling the ball again?Surely up from here now ?|
|I have posted a chart and analysis on my thread BIKWIK and Technical Analysis if anyone is interested.|
|The monthly oil stock challenge is still on! A test for your oil stock picking ability. Deadline for entries is this Sunday 2 October 2016.
|always darkest before the dawn.
off topic take a look at ENGI. I posted some info on the bb.
|"Currently the market appears to have written off our stake in the East Ghazalat concession."|
and the answer of course is nobody does anyone any favours, it's all business, which begs the question that Dan is asking.|
|It' does make you ask the question, when do you ever get anything for nothing in this game..... 2.3m for 100k valid post. Time will tell as when as anything ever gone right for NTOG... I've been waiting since Oct 2009.|
Out of interest, do you know the answer to the question Dan poses in his article?
And if so, can you share it with shareholders here please?|
|Big Sam would run your meetings.You'd be a puppy 'bark' as per normal.Your a Nobody.CheersBumps.|
|Daniel SanAre you the convicted armed robber who took control of sefton resources?Take a couple mate.No post you make or link to some old article you fabricated takes any credidence on ADVFN in my eyes.You've had your five minutes of fame mate.Basically your a fraudster.CheersBumps.|
Nostra Terrible Oil & Gas RNS Translation Service. http://guerillainvesting.co.uk/2016/09/28/nostra-terrible-oil-gas-rns-translation-service/
Just how big are the East Ghazalat Liabilities?
daniel levi bmd
|"The East Ghazalat Concession (the "Concession") is located in the Western Desert region of Egypt, approximately 240 kilometres southwest of the city of Cairo in a platform region over the Sharib-Sheiba high which covers an area of approximately 626 square kilometres. Field facilities are located 130 km south south west of El Alamein, a city located on the Mediterranean coast 106 km west of Alexandria.
The Concession is limited to the north by the southwestern extension of the Alamein Basin. The southern part of the concession is situated in the Abu Gharadig and Margin Basins, the former of which holds some of the greatest hydrocarbon potential in the Western Desert of Egypt.
The Concession is operated by North Petroleum, a subsidiary of China ZhenHua Oil Co. Ltd, a Chinese state owned oil company. It consists of two development licences covering approximately 62 km2 awarded in July 2011 and February 2014."|
|Does that mean IRG will also receive the same ammount for their equal 50% share of the asset.Yes it does.Your comments here apply to BOTH companies equally.|